Astar Token Price Prediction: ASTR Pumps 23% as Traders Rush to Buy This Meme Coin Hours Ahead of Price Increase.

adminDecember 28, 2023

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Astar token price rose 23% in the last 24 hours. Traded for $0.136 As of 6:49 a.m. EST, trading volume had increased 190% to $123 million.

Currently, Asta’s market capitalization is $735 million. Last week, The Asta price soared 41.5%, exceeding the overall performance of the global cryptocurrency market, which rose 3%.

Astar also outperformed similar layer 1 (L1) cryptocurrencies with a 5.5% increase.

Astar Token Price: Can Bulls Maintain Momentum?

ASTAR token price chart analysis. Source: Tradingview.com — ASTRUSD chart analysis. Source: Tradingview.com

ASTR shows a consistent upward trend, finding strong support around $0.038, which is consistent with its 50-day simple moving average (SMA). This led to a surge above $0.0890, forming what appears to be an ascending triangle pattern.

Despite a brief correction to $0.06, the bulls quickly regained control and drove the price to $0.16, approaching the high of $0.018 observed in April 2022. However, recent market activity has shown a bearish impact, leading to a retest of the current level of $0.10. This coincides with the upper border of the ascending triangle, suggesting a potential bounce as the bulls try to regain control.

The price is trading above the 50-day and 200-day SMA, confirming a bullish trend, which is further emphasized by the golden cross at $0.052.

The Relative Strength Index (RSI) indicates a bullish stance with a transition from the midline of 50 to 81. This upward movement in RSI indicates significant buying pressure on ASTR.

Astar Token Price Prediction

Astar price continues to maintain a bullish outlook with support from SMA and RSI. However, there is a potential scenario where weakness could extend the correction phase, pushing the price from resistance at $0.10 to support levels and impacting existing gains.

Even as Astar continues to surge, investors are rushing to buy SpongeV2, which offers a 100x return on investment through its Stake to Earn feature.

SPONGEV2 Grand Return, promise 100 times your investment

SpongeV1 is leveraging a Stake-To-Earn strategy that strives to deliver a 100x return on investment, creating successful returns that are larger and more absorbent than ever before as it transitions to SPONGEV2, Ethereum’s new ERC-20 token. .

📣 We are excited to announce this. #sponge Connects from V1 to V2!
your $sponge Earn #SpongeV2 token. 🧽︎
Buy and stake now to receive special V2 token bonuses! Don’t miss it 🔥#memecoin #web3 #bull market pic.twitter.com/bYmkg1TNrU
— $SPONGE (@spongeoneth) December 18, 2023

Sponge V1 has been successfully listed on over 10 centralized exchanges, including LBank, Toobit, CoinW, BTCEX, Poloniex, MEXC, Gate.io, Bitget, BitKan, and BitMart.

The token also experienced an incredible surge of over 2900%, amassing over 13,000 holders and providing significant returns for those who invested early.

If you currently hold original $SPONGE tokens, you can stake them into the SPONGEV2 smart contract via the token website. Doing so will automatically secure your share of V2 tokens upon launch.

Stake-to-return for lucrative rewards

SPONGEV2 Stake-to-Bridge The system creates a seamless connection between tokens and the V1 ecosystem, providing unparalleled utility. As the number of staked SPONGE tokens increases, the yield of SPONGEV2 tokens also increases, providing lucrative rewards to investors.

SPONGEV2’s key feature is its fixed 4-year staking period, which allows stakers to accumulate tokens at an impressive 650% Annual Percentage Yield (APY). Once the staking period is completed, you can quickly claim SPONGEV2 tokens through the official SPONGE website.

If you are holding the original $sponge To hold tokens, you must stake them in the V2 smart contract through the website homepage. 🙌
V2 token shares will be automatically secured upon launch. 🚀
Go go go 🧽🧽🧽🧽#sponge #web3 #Cryptocurrency #how pic.twitter.com/I6eX3nQVGN
— $SPONGE (@spongeoneth) December 23, 2023

The upcoming Sponge P2E game will offer a free version and a premium version. The free version is fun to play.

Alternatively, in the paid version, you can utilize $SPONGEV2 tokens to earn additional game credits to increase your chances of earning more $SPONGE.

To purchase Sponge V2 tokens, open your Web3 wallet. Official Sponge.vip website, Exchange ETH or USDT for v2 tokens or buy directly using your bank card.